Arlington, VA (November 27, 2024) - Rochdale Capital, a community development loan fund whose mission is to promote cooperative and community ownership; advance equity, diversity, and inclusion; and provide capital access in under-resourced communities, recently closed a $50,000 working capital term loan to TXI/INT Logistics.
In business for 15 years, TXI/INT Logistics provides transportation services for retail products and heavy equipment, serving ACE Hardware and other retail stores on the east coast.
The working capital loan from Rochdale Capital will provide funds for fleet maintenance, additional equipment and an additional full-time employee as the company transitions to the SBA 8a contracting program.
“Transportation of goods and services is critical to many cooperative and small businesses”, stated John Holdsclaw, President and CEO or Rochdale Capital. “We are proud to provide the working capital loan to help TXI/INT Logistics continue to serve their customers.”